5441 North Socrum Loop Road

Lakeland, FL 33809

$2,300,000 Listing #253546
3,425 sq ft Year Built: 1991 Commercial

Situated at a prime intersection in Lakeland, Florida, this Truist Bank benefits from a highly desirable location in one of Central Florida’s most vibrant markets. Built in 1991, the property is fully leased to Truist Bank (Fitch: A+). The absolute NNN lease features annual rent increases and includes six five-year renewal options. The tenant has already executed an early extension, with 3.3 years remaining on the lease term. Truist Bank is responsible for all on-site obligations, including roof and structure maintenance. The site offers ample parking, mature landscaping, and a convenient four-lane drive-thru. It is positioned as an outparcel to the Publix-anchored Plantation Square shopping center and is adjacent to a newly renovated McDonald's. Over the past two years, Lakeland has experienced significant growth, adding more residents than any other area in Florida, thanks to its strategic location between Tampa and Orlando along the Interstate 4 corridor. The Truist Bank is located just west of Interstate 4, providing excellent connectivity throughout Central Florida. This unique positioning has attracted major distribution and logistics companies such as Amazon, IKEA, UPS, Rooms to Go, and Publix Supermarkets. Ongoing industrial development along the Interstate 4 corridor is expected to further reinforce Lakeland’s status as a key distribution hub in the region.

Interior Features

Square Feet 3,425

Exterior Features

Lot Size 0.85 acres
Courtesy of Amanda LeGault, NextHome Gulf Coast
This content last updated on 12/18/2024 10:01 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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Amanda LeGault

Amanda LeGault Agent

NextHome Gulf Coast St. Petersburg

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FL License #: SL3506757 IL License #: 475.188516 Direct: 847.899.1991
Expertise Types: Commercial, New Homes, Relocation, Residential, Condominiums, Single Family Homes, Townhomes, Second Homes, Beach Properties, Waterfront